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IMF chief economist Gita Gopinath says India GDP growth unlikely to recover in H2FY20

Gopinath said India's GDP growth was expected to pick up in the last two quarters of FY20 but some high-frequency indicators show that a recovery is unlikely. "That is what is leading us to revaluate our assessment that was put out in October,” she added.

December 20, 2019 / 03:04 PM IST

India's economic growth, which has been contracting for last several quarters, is likely to remain muted in the December and March quarters of the fiscal year 2019-20, said Gita Gopinath, chief economist, the International Monetary Fund.

CNBC-TV18
first published: Dec 20, 2019 12:41 pm

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